CIO Alert, January 18, 2023

For the world’s largest asset owners

January 18, 2023

CalPERS Commits $1 Billion to Boost Diversity Among Alts Managers

The pension giant is investing $500 million in both TPG’s Next Fund and GCM Grosvenor’s ‘Elevate’ strategy.

Former Problem Children, Agency Mortgage-Backed Securities, Make Case for Inclusion in Core Bond Portfolios

The catalyst investment vehicle responsible for 2008-09 financial crisis appears to have a strong setup to perform well in 2023.

Allocators’ Favorite Stock Buys: Battered Tech Names

Amazon, Alphabet and Tesla headed their pick lists in 3Q 2022, a study finds.

2023 CIO Allocator Insights Webinar Series: Diversification

Join CIO January 19 for a discussion about how institutional investors use different asset classes——and managers——to create a diversified portfolio.

Investment from $152 billion manager comes one month after BREIT had a run on withdrawals.

Technology, with human involvement, can improve efficiency and enable innovation in portfolio management, sources say.

Editorial: CIOeditors@issmediasolutions.com

Industry Intel Roundup—Featured White Paper

Chief Investment Officer is pleased to present the next edition of our Industry Intelligence roundup. This week, we are featuring white papers offering key insights and analysis about the industry. The content was created to educate, inform and offer ideas for plan sponsors regarding plan design, investing, administration and compliance.